Pedro Velasco > Creel, García-Cuéllar, Aiza y Enríquez, S.C. > Mexico City, Mexico > Lawyer Profile

Creel, García-Cuéllar, Aiza y Enríquez, S.C.
TORRE VIRREYES, PEDREGAL 24, 24TH FLOOR
COL. MOLINO DEL REY
MEXICO CITY, 11040
Mexico
Pedro  Velasco photo

Work Department

Banking and Finance, Bankruptcy and Restructuring, Capital Markets

Position

Member of the Firm´s Board of Directos

Career

He represents domestic and foreign financial institutions (including many of the major local and foreign banks), as well as corporate borrowers (including numerous private equity funds), in a wide range of secured and unsecured financings, across several industries. Mr. Velasco’s expertise includes commercial financings, acquisition financings, real estate financings, ship financings and project finance. On the bankruptcy and restructurings arena, he represents creditors and debtors on all non-litigation aspects of complex bankruptcy and out-of-bankruptcy restructurings. His capital markets expertise includes varied cross-border debt offerings.

Mr. Velasco has been ranked as leader in Banking and Finance by many publications, including Chambers Global: The World´s Leading Lawyers for Business, Chambers Latin America: Latin America´s Leading Lawyers for Business, The Legal 500 and IFLR 1000. He has also been recognized by Latin Lawyer 250: Latin America´s Leading Business Law Firms, the Latin American Corporate Counsel Association (LACCA) and in the Banking, Finance and Transaction Guide edited by the Expert Guides.

Education

He received his law degree (JD), with honors (academic excellence), from the Universidad Iberoamericana in 1999 and obtained his LL.M degree in International Banking and Financial Law from Boston University School of Law in 2001.

Lawyer Rankings

Mexico > Banking and finance

(Leading partners)

Pedro Velasco  – Creel, García-Cuéllar, Aiza y Enríquez, S.C.

‘Legal brilliance, attention to detail, negotiation skills, practicality, harmony with the client and commitment’ are the calling cards of the practice at Creel, García-Cuéllar, Aiza y Enríquez, S.C. The team routinely handles structured and DIP financings, syndicated loans, project and acquisition financings, and secured and unsecured financings, for which it is regularly instructed by international and domestic lenders, borrowers, guarantors, funds, agents, banks, insurance companies and other financial institutions. A recent standout matter saw the group act as Mexican counsel to FIBRA Prologis, as borrower, on the refinancing of its $400m sustainability-linked unsecured revolver credit facility, with a syndicate of nine international and domestic banks. Firm chairman Carlos Aiza co-leads the practice and has extensive capital markets, corporate finance and asset-backed finance experience. Alongside him, Giovanni Ramírez Garrido specialises in acquisition finance, structured finance, asset-backed financing, and bankruptcy and restructuring mandates. Additional key partners include Pedro Velasco (banking and finance, bankruptcy, capital markets); Giovanni Ramírez Garrido (acquisition finance, structured finance, asset-backed financing, real estate financing); Emilio Aarún (structured finance, bankruptcy and restructuring), and Alejandro Isaac (secured and unsecured financings, real estate and project finance), who are collectively lauded by one client as ‘very talented … undoubtedly the best financing lawyers in Mexico’. Following the departure of former senior Adriana Colliers who moved in house at Vanguard in September 2024, Martín Pavón Pérez, and Lorena Bustamante are the key associate-level contacts; both support the partners across the gamut of banking and finance matters.

Mexico > Bankruptcy and restructuring

Creel, García-Cuéllar, Aiza y Enríquez, S.C.‘s bankruptcy group offers clients support with restructuring transactions, regulatory issues, workouts and the liquidation of distressed companies. The practice’s client roster features both debtors and creditors – an array of major banks, corporations, and private equity funds – and team members also have experience acting as mediators and receivers in insolvency proceedings. The department is co-directed by Carlos Aiza and Rodrigo Castelazo, who are active in restructurings, capital markets and corporate finance transactions. Additional key contacts include Pedro Velasco, who represents creditors and debtors on the non-contentious aspects of restructurings; and Emilio Aarún, who handles cross-border debt restructuring and negotiations with secured and unsecured creditors. Of counsel Thomas Heather is noted for his expertise in restructuring, arbitration, and corporate governance mandates and lauded for his ‘experience, professionalism and deep knowledge’. Focused on capital markets and restructuring, Christian Dorantes was promoted to counsel in January 2024.